In the first 11 months of 2014, Vietnam shrimp imports to the US increased by 47.15% by value and 28.7% by volume. These are the highest growth rates in top 5 shrimp supplier to the US.
US shrimp imports remained strong even when shrimp prices were high and domestic consumption is very huge. Rabobank report stated that in 2014 US shrimp imports increased over expectations.
India
With big harvests with reasonable prices of whiteleg shrimp, India maintained its leading position in providing shrimp to the US in 2014, although shrimp imports from Vietnam, Indonesia and Ecuador surged.
From January to November 2014, India earned US$ 1.49 billion from shrimp exports to the US, up 40% year-on-year. US shrimp imports from India reached 99,655 MT, up 16% from 2013. This almost doubled of that from Thailand, which stayed at 56,562 MT. It is noted that Thailand accounted for 1/4 of the total shrimp supply to the US in previous years.
India is the top provider of HLSO size 46/55 shrimp to the US, while Indonesia and Vietnam are two main suppliers for frozen peeled shrimp.
Indonesia
US shrimp imports from Indonesia increased by 27.3% by volume and 49% by value in the first 11 months of 2014. Indonesia, therefore, is forecasted to surpass India to be the top shrimp supplier to the US. In Indonesia, aquaculture is attracting great attention and investment from the government. Shrimp production expanded rapidly and there is no anti-dumping duty on Indonesia shrimps exported to the US.
Vietnam
In September 2014, Vietnam shrimp exports began to decline with negative growth until November. This was caused by the final results of anti-dumping duty and a decline in demand and price of whiteleg shrimp in the US.
As increases in the first months of the year covered the decline, shrimp exports to the US by the end of November upped 28.3% year on year. Shrimp export value reached over US$ 1 billion.
|
US shrimp imports (Unit: US$ thousands) Source: USDA |
|||
|
Origin |
Jan-Nov/2013 |
Jan-Nov /2014 |
Changes (%) |
|
Thailand |
809,408 |
713,741 |
11.82 |
|
Indonesia |
812,857 |
1,212,842 |
49.21 |
|
Vietnam |
636,868 |
937,132 |
47.15 |
|
Ecuador |
597,349 |
841,427 |
40.86 |
|
India |
928,640 |
1,269,079 |
36.66 |
|
Mexico |
234,047 |
260,343 |
11.24 |
|
China |
203,106 |
253,751 |
12.95 |
|
Other |
508,404 |
646,013 |
27.07 |
|
Total |
4,730,679 |
6,134,329 |
29.67 |
|
US shrimp imports (Unit: thousand pounds) Source: USDA |
|||
|
Origin |
Jan-Nov/2013 |
Jan-Nov /2014 |
Changes (%) |
|
Thailand |
169,743 |
124,588 |
-26.60 |
|
Indonesia |
163,630 |
208,340 |
27.32 |
|
Ecuador |
152,003 |
187,899 |
23.62 |
|
Vietnam |
117,667 |
151,483 |
28.74 |
|
India |
189,155 |
219,505 |
16.04 |
|
China |
63,092 |
66,426 |
5.28 |
|
Mexico |
36,824 |
38,919 |
5.69 |
|
Other |
127,432 |
146,736 |
15.15 |
|
Total |
1,019,546 |
1,143,896 |
12.20 |
(seafood.vasep.com.vn) By the end of 2025, Vietnam’s seafood industry had left a strong mark with export turnover reaching nearly $11.3 billion, up 12.4% year-on-year. This robust performance reflects not only a rebound in global consumption demand but also the agile adaptation of domestic firms in navigating increasingly stringent trade barriers.
(seafood.vasep.com.vn) According to the 2025 review and 2026 outlook conference held by the Directorate of Fisheries and Fisheries Surveillance on the afternoon of January 7, Vietnam’s seafood sector has set a total production target of over 10 million tons in 2026, representing a 0.6% increase year-on-year. Of this total, capture fisheries are projected at around 3.75 million tons (down 2.1%), while aquaculture output is expected to reach 6.25 million tonnes (up 2.2%) compared with 2025.
(seafood.vasep.com.vn) Sao Ta Food JSC (Fimex, Ticker: FMC) has announced its 2025 business results, reporting revenue of over $300 million (approximately 7.8 trillion VND), representing a 19.8% increase year-on-year; projected profit is expected to reach approximately 420 billion VND.
(seafood.vasep.com.vn) Vietnam’s fisheries sector concluded 2025 with landmark achievements: export turnover reached a record high, despite heightened volatility in global trade and increasingly stringent barriers from major markets, most notably the United States. Amid a mix of opportunities and challenges, the fisheries sector also witnessed important policy shifts. Together, these developments form a multifaceted picture of an industry proactively adapting and restructuring toward a trajectory of sustainable development.
(seafoos.vasep.com.vn) According to the Department of Agriculture and Environment of Vinh Long, the province’s shrimp farming area reached 69,800 hectares in 2025, including 7,500 hectares under high-tech farming models, 18,820 tons of black tiger shrimp and 293,000 tons of whiteleg shrimp.
(seafood.vasep.com.vn) Building on a robust growth momentum in 2025, Nghe An province has set a strategic goal to reach a total fisheries output of 270,000 tons by 2026, reinforcing its position as a key hub for aquaculture and exploitation.
(seafood.vasep.com.vn) Can Tho City statistics indicate that in 2025, following the merger of three former administrative entities - Can Tho, Hau Giang and Soc Trang - fisheries output in 2025 increased by 6.23% compared with 2024 with aquaculture production nearly 9.1 times higher than capture fisheries.
(seafood.vasep.com.vn) According to the Ca Mau Department of Agriculture and Rural Development, Ca Mau province has achieved significant, comprehensive and substantive progress in combating IUU fishing in 2025, successfully fulfilling all tasks directed by the central government and strengthening fisheries governance. These efforts have established a solid foundation for the nationwide effort to lift the EC’s "yellow card" warning.
(seafood.vasep.com.vn) Ca Mau has exceeded its 2025 production targets, reaching nearly 595,000 tons of shrimp. This milestone reinforces the province’s position as Vietnam’s leading shrimp producer and a bright spot in the country’s seafood sector.
(seafood.vasep.com.vn) According to Vietnam Customs data, cumulative shrimp exports from the beginning of the year through November reached $4.3 billion, up 21% year-on-year, continuing to serve as the primary growth driver of the entire seafood sector. In November alone, export turnover amounted to $393 million, up 14%.
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